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https://images.mktw.net/im-11919905Uber Technologies Inc.’s stock jumped 5.6% premarket Wednesday, after the ride-sharing company announced its first-ever share-buyback program with its board authorizing the repurchase of up to $7 billion worth of stock.
Chief Financial Officer Prashanth Mahendra-Rajah said the move was a vote of confidence in the company’s financial momentum.
“We…
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